> EU's Von der Leyen unveils 150-bn-euro investment plan for Africa / V000_9ZE9A6
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EU's Von der Leyen unveils 150-bn-euro investment plan for Africa / V000_9ZE9A6
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European Commission President Ursula von der Leyen announces a more than 150-billion-euro ($171-billion) investment plan for Africa at a news conference in Senegal's capital Dakar. It is the first regional plan of the European Union's Global Gateway investment scheme, which aims to mobilise investments of up to 300 billion euros ($340 billion) for public and private infrastructure around the world by 2027. Seen as a response to China's Belt and Road initiative, the investment scheme will draw on private-sector investments as well as funding from EU institutions and member countries. IMAGES AND SOUNDBITES